BD Live: Policy Delay Slows Oil and Gas Exploration - South Africa

A hush has fallen over SA’s oil and gas exploration sector as a plummeting oil price has coincided with lack of progress in creating attractive legislation for the oil and gas sector.

But industry insiders say there has been no large-scale exit by the oil majors from SA onshore and offshore. Explorers are continuing with desktop studies while legislation is being prepared.

Read the full article HERE.